Coinbase’s Brian Armstrong Says Bitcoin Pressures U.S. Fiscal Policy While Supporting Dollar’s Credibility
During a Tetragrammaton podcast appearance, Coinbase CEO Brian Armstrong argued that Bitcoin serves as a market-based check on U.S. fiscal and monetary policy by signaling when confidence in the dollar weakens. He said this alternative asset can discourage excessive inflation and deficit spending, even as U.S. national debt nears $37.65 trillion and policymakers debate Bitcoin reserves and stablecoin regulation. Other voices, including Peter Schiff and stablecoin advocates, offered sharply different views on whether Bitcoin, dollar-backed tokens, or gold will shape the future reserve landscape.